Friday, September 26, 2008
Boom, boom, boom. Bust, bust, bust.
The City is bracing itself for a "Black Monday" meltdown after President Bush admitted he had failed to land a bank bail-out deal. Senior market figures said the FTSE-100 could fall by between 600 and 1,000 points when the stock market opens next week if no deal is forthcoming. George Bush confirmed that he had not yet been able to persuade senior Republicans to back his $700 billion rescue plan.